Security Capital Assurance appointed Elizabeth Keys as senior vice president and chief financial officer effective June 1. Keys will succeed David Shea who will depart from the insurance firm to pursue other options. Shea will serve as an advisor to the firm until June 15 to assist in the transition of responsibilities.
"On behalf of all of us at SCA, I want to thank David for his many contributions to the Company since 2003, " said Paul Giordano, SCA's president and chief executive officer. "In particular, David was instrumental in helping the company execute its initial public offering in 2006. We wish him all the best in his future endeavors."